$299,900 $133 per sq.ft. Rutland City VT Multi Family »

Price Change! Reduced by $25,100 down 8% on March 13th 2025
Number of Units 5   Total Sq. Ft. 2250  |  Acres: 0.13
Friday Jan 24, 2025
Description: Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment. Conveniently located walking distance to downtown Rutland. A lot of renovations, yearly gross income is over $56000, net income is over $37000 within cap rate at asking price over 11%. See MLS Property & Listing Details & 3 images.

$319,000 $90 per sq.ft. Rutland City VT Multi Family »

Number of Units 4   Total Sq. Ft. 3558  |  Acres: 0.13
Tuesday Jun 25, 2024
Description: Investment Opportunity in Rutland, VT! Welcome to 33 Summer Street, a four-unit multifamily property in a prime Rutland location. This property features three newly renovated units, offering modern amenities and updated finishes. Situated close to local amenities and public transportation, this property is ideal for attracting tenants. Whether you're looking to expand your portfolio or start investing in real estate, 33 Summer Street presents a promising opportunity. Don't miss out on this excellent investment with great potential for steady rental income. See MLS Property & Listing Details & 34 images.

$348,000 $111 per sq.ft. Rutland City VT Multi Family »

Number of Units 4   Total Sq. Ft. 3139  |  Acres: 0.17
Tuesday Apr 22, 2025
Description: See MLS Property & Listing Details & 23 images.

$479,000 $123 per sq.ft. Rutland City VT Multi Family »

Number of Units 8   Total Sq. Ft. 3896  |  Acres: 0.11
Tuesday Oct 8, 2024
Description: Investment Opportunity: 8-Unit Multifamily in Rutland City Don't miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential. See MLS Property & Listing Details & 25 images.

$499,000 $78 per sq.ft. Rutland City VT Multi Family »

Number of Units 5   Total Sq. Ft. 6390  |  Acres: 0.64
Thursday Apr 17, 2025
Description: Don't miss this prime investment opportunity! This well-maintained 5-unit multifamily property offers an impressive 9.8% cap rate and features a desirable unit mix of three 2-bedroom apartments and two spacious 3-bedroom apartments, ensuring strong rental demand. Situated in a convenient location within walking distance to downtown shops and restaurants, the property appeals to both long-term tenants and short-term renters alike. Tenants enjoy plenty of off-street parking, shared coin-operated laundry facilities, and indoor storage units--key amenities that enhance both functionality and value. Currently, utilities are included in the rent for all units except Unit 5, which pays for their own electricity. Units 5 and 6 are already configured to allow tenants to pay their own heat and electric, offering future potential to reduce operating costs and increase net income. Whether you're a seasoned investor or just entering the multifamily space, this is a rare chance to own a high-yielding property in a desirable area. Schedule your private showing today! See MLS Property & Listing Details & 38 images.

$525,000 $146 per sq.ft. Rutland City VT Multi Family »

Number of Units 7   Total Sq. Ft. 3590  |  Acres: 0.15
Wednesday Apr 23, 2025
Description: Well maintained 100% occupied 7 unit located in central Rutland neighborhood. This 7 unit property was recently renovated and is being listed at a 11% cap and an annual Net Operating Income of ~$58K (12% cap without management fees). A new owner can step into to this turnkey investment, projected to yield over a 18% cash on cash return starting year 1 based on current numbers, and therefor realize significant returns from cash-flow vs speculation. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 7plex ahead of the historic multibillion dollar development occurring nearby at Killington, which is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property. See MLS Property & Listing Details & 24 images.

$595,000 $125 per sq.ft. Rutland City VT Multi Family »

Number of Units 5   Total Sq. Ft. 4774  |  Acres: 0.9
Tuesday Apr 15, 2025
Description: Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system in the barn apartment, exterior painting and contractor capital improvements totaling more than $73,000. Showings to begin on Saturday (4/19). See MLS Property & Listing Details & 23 images.

$965,000 $126 per sq.ft. Rutland City VT Multi Family »

Number of Units 4   Total Sq. Ft. 7648  |  Acres: 0.74
Friday Jan 31, 2025
Description: 1800's Historical Rutland City Mansion formerly the Lawrence Recreation Center/Reynolds House. Currently 4 Condominiums restored to her original grandness but improving her exterior and interior systems for the next century. State of the art insulation, custom ordered windows, newer roof, plumbing and electrical. All units have separate electrical meters. The home has a newer boiler with all original steam radiators. Newer roof and French trench around entire house. Exterior painting to include removing years of paint on marble trim. Updated kitchens and baths with new plumbing and electrical wiring. The top floor Unit #4 was renovated with hardwood floors, stainless steel appliances and a great room, incredible mountain and city views from every room. Master and guest bathrooms are adorned with custom Turkish tiles, granite counter tops, and center island... See MLS Property & Listing Details & 50 images.

$1,275,000 $255 per sq.ft. Rutland Town VT Multi Family »

Number of Units 5   Total Sq. Ft. 5000  |  Acres: 2
Wednesday Feb 26, 2025
Description: Net operating income of over $113,000 (see attachment)!  At the list price, the property generates a turnkey cap rate of ~9%.  The owners live out of state and manage the property remotely.  This multi-family consists of five units located on a well-manicured 2-acre parcel in peaceful Rutland Town. Property is equipped with smart locks and security cameras for seamless remote monitoring.  The main house includes two units, unit A with four bedrooms / one bathroom, and unit B with two bedrooms / one bathroom. The units in the duplex in the center of the property feature one bedroom / one bathroom and full kitchens with compact W/D. The cottage features a lofted bed / one bathroom with micro-kitchen. The entire property was renovated / remodeled between 2022 and 2023 with quality materials and workmanship. All units are currently rented under long-term leases by quality tenants that have been fully vetted. The 2-acre property includes a large barn with three bays of storage and ample parking.  Minutes from all the action and upcoming multi-billion-dollar investments in Killington and Pico. Property is being sold fully furnished. PLEASE DO NOT DISTURB TENANTS! See MLS Property & Listing Details & 43 images.

$324,000 $79 per sq.ft. Springfield VT Multi Family »

Number of Units 5   Total Sq. Ft. 4077  |  Acres: 0.3
Wednesday Oct 30, 2024
Description: ATTENTION INVESTORS 5 UNITS PLUS 3 GARAGE SPACES. 3- 2 BR's, 1- 3 BR's UNIT and 1- 1BR's UNIT. ACTUAL CAP RATE 11.55%, PROFORMA CAP 14.29%. SHOWING APPOINTMENTS REQUIRE 48 HOUR NOTICE TO TENANTS. PRICE IS NEGOTIABLE FOR CASH OFFERS AND QUICK CLOSING! See MLS Property & Listing Details & 7 images.

$249,000 $54 per sq.ft. St. Johnsbury VT Multi Family »

Price Change! Reduced by $50,000 down 20% on April 10th 2025
Number of Units 6   Total Sq. Ft. 4592  |  Acres: 0.2
Thursday Jan 30, 2025
Description: Here's a beautiful Second Empire Victorian waiting for someone with a passion for restoration and a love of historic architecture. With its signature mansard roof, elegant woodwork, built-ins, and tall ceilings, this building holds the character and charm of its era while offering the potential for modern living. Most recently a four-unit property, it has been thoughtfully reimagined into a six-unit apartment building, with permits already in place. The layout includes a three-bedroom unit, a two-bedroom unit, and four one-bedroom units--an ideal opportunity to bring much-needed housing to the area. Major structural work has been completed, including extensive repairs to the NW side, where foundation and framing issues were remedied from the ground up using dimensional lumber to match the original. The interior has been gutted, allowing for a fresh start while preserving period details. A high-efficiency, two-boiler propane system, designed by F.W. Webb, has been roughed in at a cost of approximately $30K, offering a tandem setup where each unit works together or stands alone if needed. The plan was to include heat and hot water in the rent. Electrical infrastructure is in place for seven meters--one per unit plus a common meter for shared areas and the boiler room. Located on 'The Hill,' this property is just moments from schools, shops, restaurants, and all the conveniences of town. See MLS Property & Listing Details & 41 images.

$299,000 $90 per sq.ft. St. Johnsbury VT Multi Family »

Number of Units 5   Total Sq. Ft. 3310  |  Acres: 0.17
Wednesday Sep 25, 2024
Description: Seller is offering 100% owner financing to qualified individuals with only 10% down! This is an excellent opportunity for a 5 unit investment in St Johnsbury with a proven record for being a solid income producer! Conveniently located within walking distance to amenities makes this a desirable asset for passive income. Ideal for seasoned investors or those who are looking to enter the rental property market! See MLS Property & Listing Details & 14 images.

$349,000 $91 per sq.ft. St. Johnsbury VT Multi Family »

Number of Units 6   Total Sq. Ft. 3826  |  Acres: 0.51
Friday Mar 14, 2025
Description: This stately late 19th Century home sits on a large conrer lot at the north end of Main Street near Arnold Park facing south. In the 1960's it was converted to six once bedroom apartments. See MLS Property & Listing Details & 14 images.

$349,000 $89 per sq.ft. St. Johnsbury VT Multi Family »

Number of Units 5   Total Sq. Ft. 3923  |  Acres: 0.15
Friday Mar 14, 2025
Description: Here's a well maintained, Victorian, 5 unit apartment house in a convenient location just off Main Street. First floor unit has 6 rooms, 2 bedrooms, a den with fireplace, 1 1/2 baths, and basement access for storage. The 2nd floor is also 6 rooms with 2 bedrooms and 1 bathroom. The third floor has 3 large rooms, 1 bedroom, 1 bath, and lots of attic and closet storage. There are 2 small, one bedroom, 1 bath units on the back of the house that were converted from the garage in the 1960's. The whole building is heated with an oil forced hot water heating system. Expenses cited are the 2023 expenses with a 6% increase since 2024 expenses are not available yet. See MLS Property & Listing Details & 26 images.

$498,000 $89 per sq.ft. St. Johnsbury VT Multi Family »

Number of Units 5   Total Sq. Ft. 5577  |  Acres: 0.22
Thursday Apr 3, 2025
Description: This well-maintained property offers a strong investment opportunity with three residential units and two commercial spaces, all in a convenient downtown location. The residential portion includes a ground-level one-bedroom, one-bath apartment and two spacious two-bedroom, one-bath apartments on the second floor. Each unit has its own private entrance, and tenants pay their own electric,  On the main level, you'll also find two commercial units, one currently home to a plumbing business featuring a retail/showroom area and two private offices, and the other used as a dog grooming space with an open layout and half bath. The property also includes a two-bay garage at the back, offering extra storage and a paved lot with good off-street parking. Located just steps from shops, restaurants, and other St. Johnsbury amenities, this is a prime location for both residential and commercial tenants. Sale includes real estate only, no businesses are included. See MLS Property & Listing Details & 39 images.